HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Re: Noront today and in 2 weeks
15
Jan 22, 2008 02:16PM
1
Jan 22, 2008 05:44PM

We are almost certain Nemis and Noront will not be doing a PP anytime soon but you can bet your boots that they are already taking into consideration both when and how it will be done. This preparation also involves getting the share price up and solid before hand.

Noront is drilling as fast as they can during normal, very cold, weather as well as starting new drills and getting paperwork for resource calculation ready. Signing JV's as fast as they can so more claims can be drilled (Bit slower than we might like but TSX has to approve jv paperwork). Don't think work at Windfall isn't in high gear either.

All of the above is going to really benefit we shareholders as it will prove the value Noront is holding. Of course all this work isn't just to get the share price up. The end result down the road is to sell out to a major and in between, if needed, raise bit more cash to finish proving out resources. That PP could even be done with an interested major.

2
Jan 23, 2008 03:28AM
1
Jan 23, 2008 03:59AM
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